New search
Property profile & analytics
OFF-MARKET
Retail space
508 Kingston St Lenoir City, TN 37771-1814
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-1758471
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Total area
4,400 SF
Lot
0.16 ac (7,048 SF)
Zoning code
R-2
APN
053020K I 00300
UPID
US80-1758471
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hunt Brothers Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
One Bank Of Tennessee · 2 yrs held
One Bank Of Tennessee
since 2023
7 recorded transactions
Zoning & alternative use
R-2 · Lenoir City, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lenoir City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenoir City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$76,880
Assessed 2023
Previous assessed
$76,880
+0.0% YoY
Assessed land
$12,720
Assessed improvement
$64,160
Land market value
$31,800
Improvement market value
$160,400
Total market value
$192,200
Applied tax rate
53.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1993
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
2
Bathrooms
1
Total area
4,400 SF
Lot
0.16 ac (7,048 SF)
Zoning code
R-2
APN
053020K I 00300
UPID
US80-1758471
Jurisdiction
LOUDON
Zoning & alternative use
R-2 · Lenoir City, TN
Zoning R-2 · permitted uses
R-2 · Lenoir City, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lenoir City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
One Bank Of Tennessee
Entity
Mailing address
906 SPRINGWOOD LN, MARYVILLE, TN 37801-2545
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2023
$296,062
One Bank Of Tennessee
Bhavesh Patel
Deed
$296,062 · One Bank Of Tennessee
Jul 20, 2023
—
Bhavesh Patel
—
Deed
related
$296,062 · One Bank Of Tennessee
Nov 7, 2022
—
Bhavesh Patel
—
Deed
related
$257,000 · One Bank Of Tennessee
Apr 1, 2022
$500,000
Bhavesh Patel
James W Wilburn III
Warranty Deed
$40,000 · One Bank Of Tennessee
Mar 25, 2022
—
James W Wilburn III
James Allen Wilson
Correction Deed
related
—
Mar 21, 2022
—
James W Wilburn III
Tj Rental Properties
Correction Deed
related
—
Mar 16, 2018
—
Tj Rental Properties
Wilson James A II Trust
Quit Claim Deed
related
—
Jan 27, 2010
—
James A Wilson II
R & W Industries
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 508 Kingston St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
